Technology @lemmy.world ZeroCool @feddit.ch 1 yr. ago

OpenAI investors push to bring Altman back as CEO one day after he was ousted by board

www.nbcnews.com OpenAI investors push to bring Altman back as CEO one day after he was ousted by board

OpenAI’s announcement late Friday that the company was firing Altman and replacing him on an interim basis with technology chief Mira Murati sent shockwaves across Silicon Valley.

37 comments

And they still don't know why he was fired? What the hey is going on?
- How embarrassing must it be for both sides if no one is willing to go public?
  If it were something illegal, they wouldn't be holding back. Unless the board is somehow complicit by default.
  
  Yeah when I heard this, and after I read the available information, I was like did they walk in on him f****** a dog in his office or something? Like the secrecy around his dismissal is so total. But then all these people he has so much support within the company. Very confusing
  
  The boards job is to deliver shareholder value. Ergo, it may or may not be something illegal, all ypu can guarantee is that they think that revealing information might lose shareholder value.
- Official statement is that Altman was not being "candid" with the board. The current best theory I've seen is that Altman is investing in AI hardware startups (he is, in fact) and likely planning on having OpenAI doing business with them. buying them, or merging with them in the future.
  
  Oh, good read. I saw that "candid" comment as well, but didn't think of a possible connection. That makes sense. Thanks
- I'd put money on it being about money
  
  Like he wanted more money and they didn't think he was worth it?
- I guessing he made a sex robot that went on a killing spree.
  
  Viable theory
  
  What does he want?
- The board really needs to explain to the investors why he was fired, It is utterly ridiculous that they don't know.
  
  He may very well have been fired for a reasonable reason, but I'm not seeing it because why would you just fire someone out of the blue and then not release a statement if you've got reasonable cause? The only reason to act like they've got something to hide is because they do have something to hide.
  
  If they had just fired him secretly it wouldn't be so weird, but such open support from his co-workers and co-managers of the company and even other people resigning because of his firing are what is making me interested in the issue.
- Ars posted that there's some evidence to suggest board wanted to chase profit over ethics or somesuch. Altman apparently did not listen.
  
  You have that totally backwards.
  
  The board (which is the board of the non-profit) wanted the company to be more focused on its mission and less profit-driven. Altman is the one that's been letting Microsoft get its tendrils around OpenAI and push a narrative that everything must be closed off and profit focused.
  
  I thought it was the reverse, and Altman wanted to push forward recklessly while the board wanted to hew closer to ethical guidelines?
  
  Thanks
A plague on all their houses. AI should benefit the people, not corporations or the effective altruism cult.
Where is the technology in this community? Its all just industry gossip and rage-bait articles.

¯\_ (ツ)_/¯
- Permanently Deleted
  
  Always amusing when someone feels the need to insult me because they don't like my opinion. Since reading comprehension isn't your strength, apparently, allow me to explicate:
  
  I wasn't saying it broke a rule (and for that reason, I didn't report it.) I was, rather, implying it's a dumb rule and this community is basically nothing but gossip and rage-bait. And that's fine, but I wish it didn't sit on the c/Technology community but instead was called c/technews or something, so that the c/Technology could be about... technology. But fuck me for having preferences, I guess.
This is the best summary I could come up with:

OpenAI investors are pushing to bring back Sam Altman as CEO one day after he was ousted by the board, according to people familiar with the matter says CNBC.

Microsoft, Tiger Global and venture firm Thrive Capital are among several of OpenAI’s top backers that are part of an effort to reinstate Altman, said a source, who asked not to be named because discussions are confidential.

OpenAI’s announcement late Friday that the company was firing Altman and replacing him on an interim basis with technology chief Mira Murati sent shockwaves across Silicon Valley.

OpenAI has emerged as the hottest startup on the planet since launching its ChatGPT chatbot last year and spurring a rush of investment generative artificial intelligence market.

Microsoft, which has invested billions of dollars in OpenAI and has a close technology partnership with the company, was surprised by the announcement.

In addition to ousting Altman, the company removed Brockman, the chairman, from his board leadership position but said he would remain as president.

The original article contains 303 words, the summary contains 164 words. Saved 46%. I'm a bot and I'm open source!
I don’t give a single fuck of this stuff
Those investors are morons if they think they're entitled to an opinion. OpenAI already has their money.
- What an oddly incoherent take.
- They're investors, as in partial owners of the business. That means that they do get to express their opinion. If enough of them want Altman back, they could vote out the old board and put in a board that represents their own interests as owners.
This is like the Elon spam but with some rando person.

I don't know which one us worse.
- It would be nice if we could discuss technology more and people less.
  
  Sorry, best we can do is another Elon is bad thread, and discussing Amazon business practices.
- Ars posted that there's some evidence to suggest board wanted to chase profit over ethics or somesuch. Altman apparently did not listen.

You've viewed 37 comments.